908-418-1799
25 N 31st St, Colorado Springs, CO for Sale
Apartments - FOR SALE
1/17
null | Request Cap Rate

25 N 31st St
Colorado Springs, CO 80904
Old Colorado City


HIGHLIGHTS

  • The diverse unit mix features primarily two-bedroom units, with seven one-bedrooms and a single studio as well.
  • Units are all thoroughly renovated and feature granite countertops, modern cabinetry, stainless steel appliances and new LVP flooring throughout.
  • Westside Station is in highly desirable Old Colorado City and is walking distance to several trendy restaurants, bars and entertainment options.
  • There is ample parking for tenants. The building has newer exterior paint, a community BBQ area and a private dog park.

OVERVIEW

MMG is pleased to present Westside Station, a 24-unit multifamily property ideally situated in Western Colorado Springs, adjacent to the picturesque Garden of the Gods Park. The property boasts a diverse unit mix, predominantly featuring two-bedroom units, complemented by seven one-bedroom units and a studio. All units have been meticulously renovated to offer modern living with granite countertops, contemporary cabinetry, stainless steel appliances, and new LVP flooring. Westside Station's prime location in Old Colorado City offers residents convenient access to a vibrant neighborhood with trendy dining, nightlife, and entertainment options within walking distance. Additionally, the property provides ample tenant parking, recent exterior enhancements, a communal BBQ area, and a private dog park. This offering presents an exceptional opportunity for investors seeking a well-positioned, updated multifamily asset in a desirable submarket of Colorado Springs.gs.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

24

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westside Station

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

75

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,419 SF

ZONING

R5

APN/PARCEL ID

74034-21-005

ASK ABOUT THIS PROPERTY

908-418-1799

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908-418-1799

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